Reinsurance News

Swiss Re GBS to open new tech centre in Hyderabad, India

11th May 2022 - Author: Jack Willard

Swiss Re Global Business Solutions (GBS) India, the technology and analytical hub of reinsurance giant, Swiss Re, has announced that it is set to open a new centre in Hyderabad in September 2022.

Swiss ReThe new GBS centre is expected to help strengthen Swiss Re’s commitment to India, as well as its digital, data and technology capabilities in delivering global solutions that make the world more resilient.

Both the Bengaluru and Hyderabad centres are expected to drive global business impact in reinsurance and deliver better business results for the company.

A press release also stated that both locations are currently hiring talent across data science, engineering, among other diverse skilled streams.

Pravina Ladva, Group Chief Digital & Technology Officer, Swiss Re, said: “Data is an essential fuel for Swiss Re’s business. Swiss Re is already well-positioned in India and expanding our presence with Hyderabad as a new location will provide an opportunity to onboard expertise in key digital roles, which will enable our business and help our clients succeed.”

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Amit Kalra, Head Global Business Solutions Centre India, Swiss Re added: “Swiss Re GBS India’s capabilities enable the company to deliver quality re/insurance services and solutions. With its significant data, digital and tech talent pool, Hyderabad creates new opportunities that complement our existing hub in Bengaluru. We look forward to welcoming new talent from Telangana region, as we shape the future of re/insurance through data insights and innovative insurtech solutions.”

Russell Higginbotham, CEO Reinsurance Solutions at Swiss Re commented: “Investment into technology goes hand in hand with building stable, sustainable teams comprising skills, services and knowledge that create value for our business. We feel Hyderabad is an excellent new location for Swiss Re to provide this platform.”

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